Inflation likely cooled to 2% level in September, says BSP 

Lower food and oil prices as well as distortions from high base effects might have pulled down inflation to the 2-percent level in September, giving the Bangko Sentral ng Pilipinas (BSP) space to further slash borrowing costs. In a statement, the BSP said consumer price increase last month likely settled between 2 and 2.8 percent.
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